Divisar Capital Management LLC Raises Stake in Onto Innovation Inc. $ONTO

Divisar Capital Management LLC lifted its stake in shares of Onto Innovation Inc. (NYSE:ONTO) by 53.5% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 175,088 shares of the semiconductor company’s stock after buying an additional 61,000 shares during the quarter. Onto Innovation comprises about 6.2% of Divisar Capital Management LLC’s portfolio, making the stock its 7th largest holding. Divisar Capital Management LLC owned approximately 0.36% of Onto Innovation worth $22,625,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Westside Investment Management Inc. lifted its position in Onto Innovation by 100.0% during the third quarter. Westside Investment Management Inc. now owns 198 shares of the semiconductor company’s stock worth $27,000 after acquiring an additional 99 shares during the last quarter. Blue Trust Inc. increased its stake in shares of Onto Innovation by 2,061.5% during the third quarter. Blue Trust Inc. now owns 281 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 268 shares during the period. Harbor Investment Advisory LLC bought a new position in shares of Onto Innovation during the third quarter worth approximately $37,000. Farther Finance Advisors LLC lifted its holdings in Onto Innovation by 76.8% during the 3rd quarter. Farther Finance Advisors LLC now owns 320 shares of the semiconductor company’s stock worth $41,000 after purchasing an additional 139 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd acquired a new stake in Onto Innovation during the 3rd quarter worth approximately $47,000. Institutional investors and hedge funds own 98.35% of the company’s stock.

More Onto Innovation News

Here are the key news stories impacting Onto Innovation this week:

• Positive Sentiment: Zacks lifted several FY2026 quarterly and full‑year EPS estimates (Q1 2026 to Q4 2026 and FY2026 raised to $5.69 from $5.51), signaling stronger near‑term profitability than previously modeled. This boosts FY2026 consensus versus prior Zacks views and supports the stock’s rally. Zacks raises FY2026 estimates
• Positive Sentiment: Zacks increased FY2027 and 2027 quarterly forecasts (FY2027 to $6.95, Q1 and Q3 2027 nudged higher), implying sustained growth beyond FY2026 and improving medium‑term earnings power — a constructive sign for investors focused on multi‑year upside. Zacks lifts FY2027 outlook
• Positive Sentiment: Zacks published a FY2028 estimate of $9.05 EPS, extending a bullish forward view that supports longer‑term growth expectations and justifies premium valuation metrics (ONTO currently trades with a relatively high P/E and PEG near 1.0). The longer‑horizon upgrade can attract growth‑oriented funds. Zacks issues FY2028 estimate

Onto Innovation Price Performance

Shares of NYSE ONTO opened at $189.67 on Monday. The business has a fifty day moving average price of $205.96 and a two-hundred day moving average price of $160.52. The stock has a market capitalization of $9.43 billion, a PE ratio of 68.47, a P/E/G ratio of 0.99 and a beta of 1.47. Onto Innovation Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $232.49.

Onto Innovation (NYSE:ONTO) last released its earnings results on Thursday, February 19th. The semiconductor company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.02). The company had revenue of $266.87 million for the quarter, compared to analyst estimates of $265.78 million. Onto Innovation had a return on equity of 12.20% and a net margin of 13.60%.The business’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period last year, the company posted $1.51 earnings per share. Onto Innovation has set its Q1 2026 guidance at 1.260-1.360 EPS. On average, equities analysts expect that Onto Innovation Inc. will post 6.26 EPS for the current year.

Wall Street Analyst Weigh In

ONTO has been the topic of a number of research reports. Stifel Nicolaus set a $220.00 price objective on Onto Innovation in a report on Friday, February 20th. Cantor Fitzgerald raised Onto Innovation from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $170.00 to $275.00 in a report on Monday, February 16th. Evercore reissued an “outperform” rating and issued a $250.00 target price on shares of Onto Innovation in a research report on Thursday, February 19th. Weiss Ratings restated a “hold (c)” rating on shares of Onto Innovation in a research note on Thursday, January 22nd. Finally, Zacks Research raised shares of Onto Innovation from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Onto Innovation presently has a consensus rating of “Moderate Buy” and an average target price of $252.50.

Onto Innovation Company Profile

Onto Innovation (NYSE:ONTO) is a global supplier of advanced process control and inspection systems for semiconductor and electronics manufacturers. The company’s solutions span metrology, inspection, defect review and lithography mask repair, helping customers optimize yield, reduce costs and improve device performance. By integrating high-resolution optical and e-beam tools with sophisticated software analytics, Onto Innovation enables wafer, mask and advanced packaging producers to maintain tight process control across leading-edge nodes and specialty applications.

Key products include high-throughput wafer metrology systems, optical and e-beam defect inspection platforms, mask inspection and repair tools, and data-driven software for yield management and process optimization.